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and medicaid. >> elections come and go. and when they go the spirit to find common ground becomes greater. >> reporter: georgia republican saxby chambliss and mark warner lead the gang of eight. four senate democrats and four senate republicans, who originally met in 2007 to craft a plan to cut the debt. >> you still don't have a final product after 2 1/2 years. why do shud we have any confidence that the president and the leaders should get anything done in the next two weeks? >> anything we look at we won't completely reform the tax code or completely make all the changes in the entitlement programs in the next seven weeks. over this last 2 1/2 years, we all know where the issues are. can we make enough of a down payment to assure the markets and put a real process in place that will allow us to work through this? >> reporter: chambliss says he and other republicans still oppose hiking tax rates on the wealthy, a move they contend kills jobs. instead, republicans propose limiting tax deductions for high earners. eliminating the mortgage deduction for second ho
congratulate him on his re-election. we don't know if he has enough todership qualities to push democrats. >> cost savings to health care aregrams like medicare and medicaid. everyry dollar that's ever been secured for anything is sacred. to they'll defend it to the wath, regardless of what it means for jobs or the economy. > a tough white house ally, nglinois senator dick durbin argued against using fiscal cliff pressures to scale back paidare and medicaid benefits. >> these are people that have paid in over a lifetime into protectecurity and medicare and fully expect the protection bech they've invested in to be that'snd it has to be there. republicans anyblicans are demanding in any fiscal cliff deal. o raisew never to raise taxes on the w o entitlement programs now gobbling up more than 60% of annual federal spending. that means the white house to dough if i liberal democrats or >> the p enrage republicans. ted to thesident is very committed to the proposition itht we can deal with these challenges if we come together oach.dopt a balanced approach. >> i may sound glib what i'm about t
. the election's over. president obama won. >>> it's a big weekend for shopping. it isn't over yet. today is cyber monday. the biggest day for online sales. >> shoppers are expected to spend $1 billion 1/2 today. >> and some like to shop in bunny slippers. >> and fret mohammed morsi granting himself extra powers. >> sending the country's stock market into free fall. >> buy a ticket for this wednesday's powerball lottery, you could win in the megaball. >> bradshaw with the touchdown. >> giants tommenate. >> officially a time-out. >> cheerleaders shave their head to support the coach diagnosed with leukemia. >> and all that matters -- >> suddenly changes into the -- 6. >> anybody want to top that now? >>> on cbs "this morning." >>> the rolling stones marked their 50th anniversary with a concert in london and head to the united states next month. ♪ hey, you, get out of my path ♪ you know when i'm going, out of my path ♪ captioning funded by cbs >>> welcome to cbs increases and automatic spending cuts that would start in january. >>> this morning there are ne
the west had been a little bit concerned about how egypt's recently elected islamist government would handle a situation like this. they did seem to strike a balance between appeasing their muslim brotherhood supporters who wanted them to talk tough with israel while making sure there's no chance of jeopardy jeopardizing that 32-year-old peace treaty with israel and, of course, the $1.5 billion in u.s. annual aid that comes attached to that treaty. >> clarissa ward thank you. >>> we now go to margaret brennan in washington where she is learning more about the united states' role in the cease fire deal. >> good morning to you charlie, and to gayle. u.s. and israeli officials say u.s. president obama sealed the deal with benjamin netanyahu but hillary clinton delivered the cease fire by showing up the primary contact between the administration and netanyahu. over a decade they speak frequently. clinton was the first administration official to meet egypt's president, mohamed morsi, after his historic election. and now by elevating him to peace broker the u.s. is
the deeper the thanks. today we slowly are coming together after a contentious election season. our candidates extended enormous resources in a divisive debate over the national agenda which strained the fabrics of families and communities. in the northeast victims of superstorm sandy some still without homes face enormous obstacle, be it earthquakes in the west tornadoes in the midwest or hurricanes in the south, mother nature will have her way. but we are generous and resourceful nation. we always grow to the size of the challenge. as we invite fellow citizens to a welcome table in this time of need let us give thanks for what we have and for what we have in each other. november means thanksgiving. every november. this tradition lifts us up to a year end holiday season of grand giving and gratitude. let's not offlook the personal tradition of river day that make our world a much sweeter place. we must have our sunday service. what about mama lucy's beauty parlor every other wednesday or a few colorful words with captain bob at the newsstand? let's give thanks fo
to republicans. he will -- now he doesn't have to worry about getting re-elected. and he will kind of give up on the attempt to get bipartisan consensus, creating a new kind of post partisan washington. all of those dreams are gone by experience. and the lessons he has learned is to be a little bit tougher and that a result is more beneficial than a process that might look good, but that gets you no results. >> president obama, john, has said many times team of rooifb s -- rivals is one of his favorite books and if he had to save anything it would be the bible and the team of rivals. is he assembling a team of rivals during his second term? >> no, it doesn't appear to be the case. what's extraordinary about this film of lincoln and steward, that was his second rival, going after the 13th amendment is kind of the manager of the vote counting. lincoln puts this important task in the hands of his rival. there's no evidence that that is necessarily going to take place except for the fact that often in congressional negotiations the president, who doesn't have a great love of the working with sena
Search Results 0 to 5 of about 6